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Opinion

CNN Op-Ed On America’s ‘Addiction To Borrowed Money’

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Bold TV host David Grasso wrote an op-ed for CNN this week on why he’s concerned about our country’s deficit. He writes that trillion dollar deficits were once considered temporary measures but are now accepted as business as usual in Washington.

David argues that, while deal-making funded with future generations’ money is an “astute” short-term strategy, but it is not a responsible long-term strategy. He writes:

“As budget deals are hashed out and both parties reach common ground on issues that affect all Americans, talk of fiscal discipline is curiously absent. It appears we’ve reached a new bipartisan consensus that’s troubling for the taxpayers of tomorrow — in Beltway politics, deficits don’t matter anymore. As a 33-year-old, I’m one of those who ultimately will have to pay the price.”

Read David’s full article here. 

Watch David every week hosting Bold Business, Tuesdays 9amET on Facebook and Periscope

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